Digital Identity Verification Market Statistics 2023-2028

Wednesday, 6 December 2023
Fintech & Payments
Michael Greenwood
Senior Research Analyst

Our latest digital identity verification research predicts that the number of digital identity verification checks will surpass 70 billion in 2024; growing 16% on the previous year’s number of 61 billion. This figure is only set to grow further by 2028. But which regions will account for the majority of total digital identity verification checks spend?

North America: 17%
Latin America: 6%
West Europe: 24%
Central & East Europe: 8%
Far East & China: 25%
Indian Subcontinent: 8%
Rest of Asia Pacific: 6%
Africa & Middle East: 6%
 


 
Want more insights and statistics? Download our latest digital identity verification whitepaper, which examines how the increased use of AI is revolutionising the digital identity verification market and how vendors should capitalise on these opportunities.

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